UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

---

(Name of Issuer)

Class A Common Stock, par value $0.00001 per share

(Title of Class of Securities)

49926T104

(CUSIP Number)

December 31, 2021

(Date of Event Which Requires Filing of this Statement)

---

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

---

1	NAMES OF REPORTING PERSONS
	KKR Knowledge Investors L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a)☐
	(b)☒
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER
			26,115,895
		6	SHARED VOTING POWER
			0
		7	SOLE DISPOSITIVE POWER
			26,115,895
		8	SHARED DISPOSITIVE POWER
			0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	26,115,895
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	38.7%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	PN

1	NAMES OF REPORTING PERSONS
	KKR Next Generation Technology Growth Fund L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a)☐
	(b)☒
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER
			26,115,895
		6	SHARED VOTING POWER
			0
		7	SOLE DISPOSITIVE POWER
			26,115,895
		8	SHARED DISPOSITIVE POWER
			0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	26,115,895
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	38.7%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	PN

STATEMENT ON SCHEDULE 13G

 

Pursuant to Rule 13d-1(d) under the Securities Exchange Act of 1934, as amended (the “Act”), each of the persons listed below under Item 2 (each a “Reporting Person,” and collectively the “Reporting Persons”), have agreed to file one statement with respect to their beneficial ownership of Class A Common Stock, par value $0.00001 per share (“Class A Common Stock”), of KnowBe4, Inc. (the “Issuer”).

 

Item 1.

 

 

KnowBe4, Inc.

 

 

33 North Garden Avenue
Clearwater, Florida 33755

 

Item 2.

 

 

KKR Knowledge Investors L.P. (“KKR Knowledge”)

KKR Knowledge Investors GP LLC (“KKR Knowledge GP”)

KKR Next Generation Technology Growth Fund L.P. (“KKR Next Generation L.P.”)

KKR Associates NGT L.P. (“KKR Associates”)

KKR Next Gen Tech Growth Limited (“KKR Next Gen Growth”)

KKR Group Partnership L.P. (“KKR Group Partnership”)

KKR Group Holdings Corp. (“KKR Group Holdings”)

KKR & Co. Inc. (“KKR & Co.”)

KKR Management LLP (“KKR Management”)

Henry R. Kravis

George R. Roberts

 

The principal business office for all persons filing (other than George R. Roberts) is:

 

c/o Kohlberg Kravis Roberts & Co. L.P.
30 Hudson Yards
New York, NY 10001

 

The principal business office for George R. Roberts is:

 

c/o Kohlberg Kravis Roberts & Co. L.P.
2800 Sand Hill Road, Suite 200
Menlo Park, CA 94025

 

 

See Item 4 of each cover page.

 

 

Class A Common Stock, par value $0.00001 per share (the “Class A Common Stock”)

 

 

49926T104

 

Item 3.

 

Not applicable.

 

 

 

KKR Knowledge holds 26,115,895 shares of Class B common stock, par value $0.00001 ("Class B Common Stock") of the Issuer convertible at any time at the option of the holder into 26,115,895 shares of Class A Common Stock of the Issuer, representing approximately 38.7% of the outstanding shares of Class A Common Stock calculated pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended (“Rule 13d-3”). Calculations of the Class A Common Stock beneficially owned assume 41,284,175 shares of Class A Common Stock of the Issuer outstanding as of November 15, 2021, as reported in the prospectus filed by the Issuer with the Securities and Exchange Commission on November 12, 2021 plus the 26,115,895 shares of Class B Common Stock convertible at any time at the option of the holder into 26,115,895 shares of Class A Common Stock, which shares will also convert automatically upon certain events specified in the Issuer’s amended and restated certificate of incorporation. Class A Common Stock has one vote per share and Class B Common Stock has 10 votes per share. The common stock held by the Reporting Persons represents 15.2% of the total common stock of the Issuer outstanding, assuming 41,284,175 shares of Class A Common Stock and 130,073,684 shares of Class B Common Stock of the Issuer outstanding as of December 7, 2021, as reported in the prospectus filed by the Issuer with the Securities and Exchange Commission on November 12, 2021.

 

KKR Knowledge GP is the general partner of KKR Knowledge. KKR Next Generation L.P. is the sole member of KKR Knowledge GP. KKR Associates is the general partner of KKR Next Generation L.P. KKR Next Gen Growth is the general partner of KKR Associates. KKR Group Partnership is the sole shareholder of KKR Next Gen Growth. KKR Group Holdings is the general partner of KKR Group Partnership. KKR & Co. is the sole shareholder of KKR Group Holdings. KKR Management is the Series I preferred stockholder of KKR & Co. Inc. Messrs. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

 

KKR Knowledge GP, KKR Next Generation LP, KKR Associates, KKR Next Gen Growth, KKR Group Partnership, KKR Group Holdings, KKR & Co. and KKR Management disclaim beneficial ownership of such securities. As the founding partners of KKR Management, Messrs. Henry R. Kravis and George R. Roberts may be deemed to be the beneficial owner of the securities reported herein, but disclaim beneficial ownership of such securities.

 

 

See Item 4(a) above.

 

 

 

See Item 5 of each cover page.

 

 

 

See Item 7 of each cover page.

 

 

See Item 8 of each cover page.

 

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ☐

 

 

See Item 4 above. To the best knowledge of the Reporting Persons, no one other than the Reporting Persons and the partners, members, affiliates and shareholders of the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, shares of Common Stock.

 

 

Not applicable.

 

 

Not applicable.

 

 

Not applicable.

 

 

Not applicable.

 

SIGNATURES

 

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

EXHIBITS